L

Collateral Administrator

salary Salary :

$18.5 - 24.05 hourly

icon briefcase Job Type : Full Time

Number of Applicants

 : 

000+

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Job Description - Collateral Administrator

Dealership:

L0238 Driveway Finance Corporation

Driveway Finance Corporation

Driveway Finance Corporation (DFC) is a modern automotive lender and part of the Lithia & Driveway (LAD) family, one of the largest automotive retailers in North America. DFC provides flexible, customer-focused financing solutions that support both retail and commercial clients. Our innovative approach combines technology with personalized service to simplify the vehicle financing experience. At DFC, we’re driving the future of auto finance!

Hiring Now: DFC Collateral Administrator I

  • ​Schedule: Monday - Friday, 8:00am - 5:00pm

  • Location: Medford, OR. (596 Parsons Dr.) On-site

  • Pay: $18.50 - $24.05 an hour DOE

DFC Collateral Administrator

The DFC Collateral Administrator will be responsible for handling administrative work for the Collateral Management team throughout the recovery and remarketing process. This person will be able to comply with systems, support others in recovery process and complete weekly and monthly reports for DFC Collateral Manager.

Responsibilities

  • Complete repossession assignment checklist prior to vehicle assignment
  • Process impound checklist and coordinate with Collateral Management team for possible repossession assignment
  • Update DFC loan management system with all relevant information upon recovery of assigned vehicles
  • Review and complete required repossession letters to be sent to customers
  • Process customer SCRA searches as needed throughout recovery and remarketing process
  • Review and save information from 3rd party systems into DFC loan management system
  • Process service contract cancellations with accuracy
  • Complete weekly and monthly reporting associated with repossessed vehicles
  • Other duties as assigned

Skills and Qualifications

  • Strong attention to detail
  • Sense of urgency
  • Excellent communication
  • PC skills including knowledge and use of MS Office (Excel, Word, Windows, etc.)
  • Previous customer service experience
  • Experience with outbound calls or collections is valuable

Competencies

  • Does the right thing, takes action and adapts to change
  • Self-motivates, believes in accountability, focuses on results, makes plans and follows through
  • Believes in humility, shares best practices, desires to keep learning, measures performance and adapts to improve results
  • Thrives on a team, stays positive, lives our values

We offer best in class industry benefits:

  • Competitive pay

  • Medical, Dental and Vision Plans

  • Paid Holidays & PTO

  • Short and Long-Term Disability

  • Paid Life Insurance

  • 401(k) Retirement Plan

  • Employee Stock Purchase Plan

  • Lithia Learning Center

  • Vehicle Purchase Discounts

  • Wellness Programs

High School graduate or equivalent, 18 years or older required. We are a drug free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. 

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